Office

New Jersey’s office market is evolving by the day, but this fact remains: The state’s location and educated workforce make it a highly desirable place for tenants of all shapes and sizes.

Office
Woodmont, CBRE debut upgrades at Princeton-area office building (SLIDESHOW)

Woodmont Properties has completed an $11 million renovation at a West Windsor office building, where brokers with CBRE are marketing nearly 35,000 square feet.

Professional Services
Medical, fitness deals among recent leases by Sitar

A medical practice has leased more than 6,000 square feet in Little Silver, in one of nearly two dozen transactions announced recently by Sitar Realty Co.

Office
With a deep bench, SJP is seizing new opportunities as a third-party developer and partner

With an in-house, full-service construction team — an asset that is increasingly rare among developers — SJP Properties is being both aggressive and creative in keeping its pipeline full in New Jersey. That means everything from third-party development work to joint ventures and acquisitions that could pave the way for new projects.

Office
How SJP is filling its talent pipeline

Commercial real estate firms in recent years have grappled with finding young talent to help fortify their ranks for years to come. But Steve Pozycki believes the long-term stability of SJP Properties has helped it attract the next generation of executives.

Office
In Bridgewater, SJP is meeting the needs of today — and tomorrow

In addition to searching for new development opportunities, SJP Properties is focused on ensuring that its existing buildings stay at the top of the market.

Office
Mack-Cali names new CFO, executive VP of leasing

Mack-Cali Realty Corp. has announced changes in two top management positions, hiring a new chief financial officer and a new executive vice president of leasing.

Health Care & Education
CBRE touts 97,000 sq. ft. lease for Newark public schools

Newark’s public school system has opened a new central office in the city’s downtown, following a 97,000-square-foot lease announced Friday by CBRE.

Professional Services
SIOR names NAI Mertz broker as N.J. chapter president

A longtime broker with NAI Mertz has taken over as New Jersey chapter president for the Society of Industrial and Office Realtors.

Top News
Murphy announces pick to lead EDA

Gov. Phil Murphy has named a former banker and current public official in Connecticut as the next CEO of the powerful New Jersey Economic Development Authority.

Finance & Capital Markets
Cross River hires veteran banker to grow CRE lending division

A veteran loan officer has joined Cross River, a Fort Lee-based bank with a growing multifamily and commercial real estate division.